Bill Moyers is a rare breed an American journalist interested in politics and current events and in people and pursues his quest in revealing truth and who resists speaking only in "talking Points" and punchy one liners preferring to try to disentangle complex issues.

But this is becoming history as Americans allow themselves to be dumbed-down to believe whatever any Rodeo Clown or would be prophet or Billionaire or even just some angry white guy on radio TV or the internet tells them.

But real journalism in America and here in Canada as well is dying out as the CNN/ Fox News style providing entertaining babble and noise 24/7 fills the airwaves. Fox News as is well known is just a megaphone for Roger Ailes and Big Business who have taken the gloves off and peddle their snake-oil drowning out any who dare disagree with their extremely biased take on the news. Fox and its celebrated and notorious anchors Glenn Beck, Sean Hannity, Bill O'Reilly put their wacky conservative spin on everything while re-writing American history and just making stuff up fueling insane "Conspiracy Theories" which it appears given yesterday's election results millions of Americans have bought into.

The following remarks were prepared for delivery on October 29, 2010 as part of the Howard Zinn Lecture Series at Boston University:

I was honored when you asked me to join in celebrating Howard Zinn's life and legacy. I was also surprised. I am a journalist, not a historian. The difference between a journalist and an historian is that the historian knows the difference. George Bernard Shaw once complained that journalists are seemingly unable to discriminate between a bicycle accident and the collapse of civilization. In fact, some epic history can start out as a minor incident. A young man named Paris ran off with a beautiful woman who was married to someone else, and the civilization of Troy began to unwind. A middle-aged black seamstress, riding in a Montgomery bus, had tired feet, and an ugly social order began to collapse. A night guard at an office complex in Washington D.C. found masking tape on a doorjamb, and the presidency of Richard Nixon began to unwind. What journalist, writing on deadline, could have imagined the walloping kick that Rosa Park's tired feet would give to Jim Crow? What pundit could have fantasized that a third-rate burglary on a dark night could change the course of politics? The historian's work is to help us disentangle the wreck of the Schwinn from cataclysm. Howard famously helped us see how big change can start with small acts.

We honor his memory. We honor him, for Howard championed grassroots social change and famously chronicled its story as played out over the course of our nation's history. More, those stirring sagas have inspired and continue to inspire countless people to go out and make a difference. The last time we met, I told him that the stories in A People's History of the United States remind me of the fellow who turned the corner just as a big fight broke out down the block. Rushing up to an onlooker he shouted, "Is this a private fight, or can anyone get in it?" For Howard, democracy was one big public fight and everyone should plunge into it. That's the only way, he said, for everyday folks to get justice - by fighting for it.

Moyers explains where America has found itself in a deep economic crisis which affects most Americans but is a boon to the super-wealthy and that there is anger and resentment and free-floating anxiety which is more often than not directed at the wrong people:

...in South Carolina, they might have been lucky enough to get a job with the new BMW plant that recently opened there and advertised that the company would hire one thousand workers. Among the applicants? According to the Washington Post; "a former manager of a major distribution center for Target; a consultant who oversaw construction projects in four western states; a supervisor at a plastics recycling firm. Some held college degrees and resumes in other fields where they made more money." They will be paid $15 an hour - about half of what BMW workers earn in Germany

In polite circles, among our political and financial classes, this is known as "the free market at work." No, it's "wage repression," and it's been happening in our country since around 1980. I must invoke some statistics here, knowing that statistics can glaze the eyes; but if indeed it's the mark of a truly educated person to be deeply moved by statistics, as I once read, surely this truly educated audience will be moved by the recent analysis of tax data by the economists Thomas Piketty and Emmanuel Saez. They found that from 1950 through 1980, the share of all income in America going to everyone but the rich increased from 64 percent to 65 percent. Because the nation's economy was growing handsomely, the average income for 9 out of l0 Americans was growing, too - from $17,719 to $30,941. That's a 75 percent increase in income in constant 2008 dollars.

But then it stopped. Since 1980 the economy has also continued to grow handsomely, but only a fraction at the top have benefited. The line flattens for the bottom 90% of Americans. Average income went from that $30,941 in 1980 to $31,244 in 2008. Think about that: the average income of Americans increased just $303 dollars in 28 years.

That's wage repression.

Another story in the Times caught my eye a few weeks the one about Connie Brasel and Natalie Ford. The headline read: "Industries Find Surging Profits in Deeper Cuts." Nelson Schwartz reported that despite falling motorcycle sales, Harley-Davidson profits are soaring - with a second quarter profit of $71 million, more than triple what it earned the previous year. Yet Harley-Davidson has announced plans to cut fourteen hundred to sixteen hundred more jobs by the end of next year; this on top of the 2000 job cut last year.

...You would think the rich might care, if not from empathy, then from reading history. Ultimately gross inequality can be fatal to civilization. In his book Collapse: How Societies Choose to Fail or Succeed, the Pulitzer Prize-winning anthropologist Jared Diamond writes about how governing elites throughout history isolate and delude themselves until it is too late. He reminds us that the change people inflict on their environment is one of the main factors in the decline of earlier societies. For example: the Mayan natives on the Yucatan peninsula who suffered as their forest disappeared, their soil eroded, and their water supply deteriorated. Chronic warfare further exhausted dwindling resources. Although Mayan kings could see their forests vanishing and their hills eroding, they were able to insulate themselves from the rest of society. By extracting wealth from commoners, they could remain well-fed while everyone else was slowly starving. Realizing too late that they could not reverse their deteriorating environment, they became casualties of their own privilege. Any society contains a built-in blueprint for failure, Diamond warns, if elites insulate themselves from the consequences of their decisions, separated from the common life of the country.

Yet the isolation continues - and is celebrated. When Howard came down to New York last December for what would be my last interview with him, I showed him this document published in the spring of 2005 by the Wall Street giant Citigroup, setting forth an "Equity Strategy" under the title (I'm not making this up) "Revisiting Plutonomy: The Rich Getting Richer (pdf)."

Now, most people know what plutocracy is: the rule of the rich, political power controlled by the wealthy. Plutocracy is not an American word and wasn't meant to become an American phenomenon - some of our founders deplored what they called "the veneration of wealth." But plutocracy is here, and a pumped up Citigroup even boasted of coining a variation on the word- "plutonomy", which describes an economic system where the privileged few make sure the rich get richer and that government helps them do it. Five years ago Citigroup decided the time had come to "bang the drum on plutonomy."

And bang they did. Here are some excerpts from the document "Revisiting Plutonomy;"

"Asset booms, a rising profit share and favorable treatment by market-friendly governments have allowed the rich to prosper... [and] take an increasing share of income and wealth over the last 20 years."

"...the top 10%, particularly the top 1% of the United States - the plutonomists in our parlance - have benefited disproportionately from the recent productivity surged in the US... [and] from globalization and the productivity boom, at the relative expense of labor."

"... [and they] are likely to get even wealthier in the coming years. Because the dynamics of plutonomy are still intact."

I'll repeat that: "The dynamics of plutonomy are still intact." That was the case before the Great Collapse of 2008, and it's the case today, two years after the catastrophe. But the plutonomists are doing just fine. Even better in some cases, thanks to our bailout of the big banks.

..Looking back, it all seems so clear that we wonder how we could have ignored the warning signs at the time. One of the few journalists who did see it coming - Thomas Edsall of the Washington Post - reported that "business refined its ability to act as a class, submerging competitive instincts in favor of joint, cooperative action in the legislative arena." Big business political action committees flooded the political arena with a deluge of dollars. They funded think tanks that churned out study after study with results skewed to their ideology and interests. And their political allies in the conservative movement cleverly built alliances with the religious right - Jerry Falwell's Moral Majority and Pat Robertson's Christian Coalition - who zealously waged a cultural holy war that camouflaged the economic assault on working people and the middle class.

Senator Daniel Patrick Moynihan also tried to warn us. He said President Reagan's real strategy was to force the government to cut domestic social programs by fostering federal deficits of historic dimensions. Senator Moynihan was gone before the financial catastrophe on George W. Bush's watch that paradoxically could yet fulfill Reagan's dream. The plutocrats who soaked up all the money now say the deficits require putting Social Security and other public services on the chopping block. You might think that Mr. Bush today would regret having invaded Iraq on false pretenses at a cost of more than a trillion dollars and counting, but no, just last week he said that his biggest regret was his failure to privatize Social Security. With over l00 Republicans of the House having signed a pledge to do just that when the new Congress convenes, Mr. Bush's vision may yet be realized.

Daniel Altman also saw what was coming. In his book Neoconomy he described a place without taxes or a social safety net, where rich and poor live in different financial worlds. "It's coming to America," he wrote. Most likely he would not have been surprised recently when firefighters in rural Tennessee would let a home burn to the ground because the homeowner hadn't paid a $75 fee.

That's what is coming to America.

.Here we are now, on the verge of the biggest commercial transaction in the history of American elections. Once again the plutocracy is buying off the system. Nearly $4 billion is being spent on the congressional races that will be decided next week, including multi millions coming from independent tax-exempt organizations that can collect unlimited amounts without revealing the sources. The organization Public Citizen reports that just l0 groups are responsible for the bulk of the spending by independent groups: "A tiny number of organizations, relying on a tiny number of corporate and fat cat contributors, are spending most of the money on the vicious attack ads dominating the airwaves" - those are the words of Public Citizen's president, Robert Weissman. The Federal Election Commission says that two years ago 97% of groups paying for election ads disclosed the names of their donors. This year it's only 32%.

Socrates again: To remember a thing, you must first name it. We're talking about slush funds. Donors are laundering their cash through front groups with high-falutin' names like American Crossroads. That's one of the two slush funds controlled by Karl Rove in his ambition to revive the era of the robber barons. Promise me you won't laugh when I tell you that although Rove and the powerful Washington lobbyist who is his accomplice described the first organization as "grassroots", 97% of its initial contributions came from four billionaires. Yes: The grass grows mighty high when the roots are fertilized with gold.

Rove, other conservative groups and the Chamber of Commerce have in fact created a "shadow party" determined to be the real power in Washington just like Rome's Opus Dei in Dan Brown's "The DaVinci Code." In this shadow party the plutocrats reign. We have reached what the new chairman of Common Cause and former Labor Secretary Robert Reich calls "the perfect storm that threatens American democracy: an unprecedented concentration of income and wealth at the top; a record amount of secret money, flooding our democracy; and a public becoming increasingly angry and cynical about a government that's raising its taxes, reducing its services, and unable to get it back to work. We're losing our democracy to a different system. It's called plutocracy."

That word again. But Reich is right. That fraction of one percent of Americans who now earn as much as the bottom 120 million Americans includes the top executives of giant corporations and those Wall Street hedge funds and private equity managers who constitute Citigroup's "plutonomy" are buying our democracy and they're doing it in secret.

That's because early this year the five reactionary members of the Supreme Court ruled that corporations are "persons" with the right to speak during elections by funding ads like those now flooding the airwaves. It was the work of legal fabulists. Corporations are not people; they are legal fictions, creatures of the state, born not of the womb, not of flesh and blood. They're not permitted to vote. They don't bear arms (except for the nuclear bombs they can now drop on a congressional race without anyone knowing where it came from.) Yet thanks to five activist conservative judges they have the privilege of "personhood" to "speak" - and not in their own voice, mind you, but as ventriloquists, through hired puppets.

Does anyone really think that's what the authors of the First Amendment had in mind? Horrified by such a profound perversion, the editor of the spunky Texas Observer, Bob Moser, got it right with his headline: "So long, Democracy, it's been good to know you."

...Thus it turns out that many of the ads being paid for secretly by anonymous donors are "false, grossly misleading, or marred with distortions," as Greg Sargent reports in his website "The Plum Line." Go to Sargent's site and you'll see a partial list of ads that illustrate the scope of the intellectual and political fraud being perpetrated in front of our eyes. Money from secret sources is poisoning the public mind with toxic information in order to dupe voters into giving even more power to the powerful.

On another site -"thinkprogress.com" - you can find out how the multibillionaire Koch brothers - also big oil polluters and Tea Party supporters - are recruiting "captains of industry" to fund the right-wing infrastructure of front groups, political campaigns, think tanks and media outlets. Now, hold on to your seats, because this can blow away the faint-hearted: Among the right-wing luminaries who showed up among Koch's ‘secretive network of Republican donors' are two Supreme Court Justices: Antonin Scalia and Clarence Thomas. That's right: 2 of the 5 votes to enable the final corporate takeover of government came from justices who were present as members of the plutocracy hatched their schemes for doing so.

Something else is going on here, too. The Koch brothers have contributed significantly to efforts to stop the Affordable Care Act - the health care reforms - from taking effect. Justice Clarence Thomas has obviously been doing some home schooling, because his wife Virginia claims those reforms are "unconstitutional," and has founded an organization that is fighting to repeal them. Her own husband on the Supreme Court may one day be ruling on whether she's right or not ("Play the cards fair, Reuben; I know what I dealt you.") There's more: The organization Virginia Thomas founded to kill those health care reforms -- also a goal of the Koch brothers, remember -- got its start with a gift of half a million dollars from an unnamed source, and is still being funded by donors who can't be traced. You have to wonder if some of them are corporations that stand to benefit from favorable decisions by the Supreme Court. Now guess the name of the one Supreme Court justice who voted against the disclosure provision. I'm not telling, but Mrs. Thomas can tell you - if, that is, she's willing to share the pillow talk.